Multiple Choice
Swift Ltd has disclosed the fact that they are being sued for $3 million.Swift Ltd reported a profit for the year of $300 million and has total assets of $75 million.You conclude that disclosure of the litigation is adequate.What type of opinion should you express on the financial report of Swift Ltd?
A) Disclaimer of opinion.
B) Unmodified opinion with an Emphasis of Matter.
C) Unmodified opinion.
D) Qualified opinion or adverse opinion.
Correct Answer:
Verified
Correct Answer:
Verified
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